Settings8H · net · $10k
Funding arb · Price arb /

GWEI

all GWEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0053%/8hnext payment +$0.26 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin+0.264%91s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1141.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.264%, 7d avg −0.021%
Together, before fees−0.440%−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.285% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GWEI-USDT0.022720.0384pay 0.0192% / 4h27m 44s$173K$28K50x
ShortBinance GWEIUSDT0.022780.0437get 0.0218% / 4h27m 44s$2.3M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.09
Price spread: +0.264% → −0.021%
$28.48
Slippage, 4 orders
−$91.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$74.12
Costs to cover
1.137%
Break-even
53.8 days
Slippage from BloFin: live order book, 18 min ago; Binance: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 18 min ago2.20 bp26.4 bp −$26127.3 bp −$1,273doesn't fitdoesn't fit
Sell Binance live order book, 18 min ago2.20 bp27.2 bp −$27158.8 bp −$1,588doesn't fitdoesn't fit

GWEI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GWEIUSDTM+0.0100%4h0.02276+0.163%$452K$16K20xas long as short
Variational Omni GWEI+0.0100%4h0.02272+0.022%$4K$54as long as short
Bitget GWEIUSDT+0.0210%4h0.02278+0.264%$1.9M$199K20xas long as short
Gate GWEI_USDT+0.0362%4h0.02274+0.097%$374K$383K10xas long as short
BloFin GWEI-USDTlong+0.0384%4h0.02272long leg$173K$28K50x
MEXC GWEI_USDT+0.0428%4h0.02278+0.264%$103K$86K20xas long as short
Extended GWEI-USD+0.0432%1h0.02278+0.255%$3K$142K5xas long as short
Binance GWEIUSDTshort+0.0437%4h0.02278+0.264%$2.3M$2.5M50x
BingX GWEI-USDT+0.0631%4h0.02274+0.088%$1.6Mas long as short
Bybit GWEIUSDT+0.0641%4h0.02276+0.176%$368K$115K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GWEIUSDT+0.1294%4h0.02274+0.088%$19K$8K10xas long as short